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Embassy REIT raises $101m via NCDs to fund growth plans

Embassy REIT raises $101m via NCDs to fund growth plans

Powai, Mumbai, Maharashtra, India. Photo: Aniket Bhattacharya

Madhurima Nandy

28 October, 2020

Embassy REIT, the first real estate investment trust listed in India, has raised ₹750 crore through issue of non-convertible debentures (NCD) at 6.70% quarterly coupon rate.

Embassy REIT

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